20 million of the $1 billion Covid Aid Crypto donation has been paid out: Founder of India Covid Crypto Relief Fund, Sandeep Nailwal

The organisation is facing issues in terms of disbursement while complying with local regulations being the primary concern.

20 million of the $1 billion Covid Aid Crypto donation has been paid out: Founder of India Covid Crypto Relief Fund, Sandeep Nailwal
Sandeep Nailwal. source: Twitter/ @sandeepnailwal

During the second wave, when India was succumbing due to lack of beds, oxygen cylinders and running low on funds, Sandeep Nailwal, a New Delhi-based entrepreneur, founder of Polygon, founded India Crypto Relief Fund to help fight back the pandemic.

Vitalik Buterin, Co-founder of Ethereum. source: twitter/ @VitalikButerin